HOUTBOUW+: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
HOUTBOUW+
Largest movements
- Cash -€16,675
down €16,675 (-74.6%), from €22,358 to €5,684
mainly Net result for the year (-€17,074) and Trade debts (-€4,939)
- Tangible fixed assets -€4,949
down €4,949 (-24.5%), from €20,222 to €15,273
- Stocks and contracts -€1,378
down €1,378 (-28.8%), from €4,789 to €3,410
- Receivables within one year +€1,247
up €1,247 (+170%), from €734 to €1,981
of which Trade receivables: +€762
- Profit (loss) carried forward -€17,074
down €17,074 (-120%), from -€14,194 to -€31,268
- Trade debts -€4,939
down €4,939 (-92.8%), from €5,321 to €381
- Current portion of long-term debt -€1,930
down €1,930 (-100%), from €1,930 to €0
- Other debts +€1,886
up €1,886 (+4.8%), from €39,117 to €41,003
- Gross operating margin -€5,352
down €5,352 (-91.8%), from -€5,830 to -€11,182
- Depreciation -€1,039
down €1,039 (-17.3%), from €5,988 to €4,949
- Financial charges -€435
down €435 (-70.2%), from €619 to €185
- Other operating charges -€136
down €136 (-15.2%), from €894 to €758
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €48,405 | €26,347 | -€22,057 | -45.6% |
| Fixed assets | 21/28 | €20,222 | €15,273 | -€4,949 | -24.5% |
| Tangible fixed assets | 22/27 | €20,222 | €15,273 | -€4,949 | -24.5% |
| Plant, machinery and equipment | 23 | €5,203 | €3,599 | -€1,603 | -30.8% |
| Furniture and vehicles | 24 | €2,068 | €846 | -€1,222 | -59.1% |
| Other tangible fixed assets | 26 | €12,951 | €10,827 | -€2,124 | -16.4% |
| Current assets | 29/58 | €28,183 | €11,074 | -€17,109 | -60.7% |
| Stocks and contracts in progress | 3 | €4,789 | €3,410 | -€1,378 | -28.8% |
| Stocks | 30/36 | €4,789 | €3,410 | -€1,378 | -28.8% |
| Amounts receivable within one year | 40/41 | €734 | €1,981 | +€1,247 | +170% |
| Trade receivables | 40 | €369 | €1,130 | +€762 | +207% |
| Other amounts receivable | 41 | €365 | €850 | +€485 | +133% |
| Cash at bank and in hand | 54/58 | €22,358 | €5,684 | -€16,675 | -74.6% |
| Deferred charges and accrued income | 490/1 | €302 | €0 | -€302 | -100% |
| Total equity and liabilities | 10/49 | €48,405 | €26,347 | -€22,057 | -45.6% |
| Equity | 10/15 | €2,037 | -€15,037 | -€17,074 | |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €10,231 | €10,231 | = | 0.0% |
| Distributable reserves | 133 | €10,231 | €10,231 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,194 | -€31,268 | -€17,074 | -120% |
| Amounts payable | 17/49 | €46,368 | €41,384 | -€4,984 | -10.7% |
| Amounts payable within one year | 42/48 | €46,368 | €41,384 | -€4,984 | -10.7% |
| Current portion of amounts payable after more than one year | 42 | €1,930 | €0 | -€1,930 | -100% |
| Trade debts | 44 | €5,321 | €381 | -€4,939 | -92.8% |
| Suppliers | 440/4 | €5,321 | €381 | -€4,939 | -92.8% |
| Other amounts payable | 47/48 | €39,117 | €41,003 | +€1,886 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,988 | €4,949 | -€1,039 | -17.3% |
| Other operating charges | 640/8 | €894 | €758 | -€136 | -15.2% |
| Non-recurring operating charges | 66A | €869 | €0 | -€869 | -100% |
| Gross operating margin | 9900 | -€5,830 | -€11,182 | -€5,352 | -91.8% |
| Operating profit (loss) | 9901 | -€13,581 | -€16,889 | -€3,308 | -24.4% |
| Financial income | 75/76B | €6 | €0 | -€6 | -100% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -100% |
| Financial charges | 65/66B | €619 | €185 | -€435 | -70.2% |
| Recurring financial charges | 65 | €619 | €185 | -€435 | -70.2% |
| Profit (loss) for the period before taxes | 9903 | -€14,194 | -€17,074 | -€2,880 | -20.3% |
| Profit (loss) for the period | 9904 | -€14,194 | -€17,074 | -€2,880 | -20.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,194 | -€17,074 | -€2,880 | -20.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.